March 31st, 2015
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If you or a family member lives in South Florida, I invite you to contact me or schedule time for a consultation.
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DID YOU KNOW?
According to the most recent statistics available from the Agency for Health Care Administration, the average cost of nursing home care in South Florida is approximately $6,800 per month. The average stay in nursing care is 2.7 years (and up to 5.4 years, for individuals with dementia).
According to House Redistricting Committee, Congressional Redistricting Subcommittee, House Redistricting Subcommittee, and Senate Redistricting Subcommittee April 2011 report on Florida Demographics, presented by the The Florida Legislature Office of Economic and Demographic Research, Florida is still on track to break the 20 million mark by the end of 2015, becoming the third most populous state sometime before then – surpassing New York.
73 percent – Percentage of seniors age 65+ in 2004 who had at least a high school diploma.
19 percent – Percentage of seniors age 65 and older in 2004 who had earned a bachelor’s degree or higher level of education.
47,000 – The number of seniors 65 and older who were enrolled in college in October 2004.
The average annual rate of a private room in nursing homes in Florida now costs $82,125 while a semi-private room is about $74,825. The most expensive ones can be found in metro areas of Naples and West Palm Beach wherein average daily rates are $313 and $247, respectively. Assisted living facilities are also most expensive in Naples, costing residents about $4,600 a month.
44 percent — Percent of women age 65 and over who are widowed, greater than the 41 percent who are married and living with their spouses.
Women age 65 and older are three times more likely to be widowed than their male counterparts.
Among men in the same age group, 71 percent are married and living with their spouses and only 14 percent are widowed.
Florida’s 4.2 million seniors represent the state’s largest voting block.
30.7% of Florida’s registered voters are age 60 or above.
56 percent – Percentage of seniors age 65 and older who were married in 2004.
31 percent – Percentage of seniors 65 and older who were widowed in 2004.
May is Older Americans Month. Older Americans Month originated with a presidential proclamation in May 1963. It has been proclaimed by presidents every year since then.
78 percent – Percentage of householders age 65 and older who own a motor vehicle.
3 percent – Percentage of households with a householder age 65 or older who have three or more cars available to use.
About 3-in-10 – The number of mass market, or “pocket sized” books purchased in 2004 by seniors age 65+, compared to the entire adult population.
880,000 — The number of people added each month to the world’s population of people 65 and over. More than one-third of the world’s oldest people (80 and above) lived in three countries: China (14.8 million), the United States (10.7 million) and India (7.5 million).
“The thing about quotes on the internet is you cannot confirm their validity” – Abraham Lincoln
Population of Florida Age 60+ — 4,157,824
Population of Florida Age 60+ Living Alone — 958,220
Population of Florida Age 60+ Living in Rural Areas — 408,945
Top 10 Florida Counties for Elders Age 60+
2 Palm Beach
79 percent – Percentage of U.S. citizens age 65 and older who were registered to vote in the 2004 presidential election. Seniors make up the highest percentage of registered voters in any age group.
71 percent – Percentage of seniors 65+ who were registered to vote and reported that they voted.
19 percent – Of all voters in the 2004 election, this percentage was 65 and older.
41 percent – Of all votes expected in the 2040 presidential election, this percentage is projected to be cast by seniors 65 and older.
Medicare does not cover long term nursing home care.
86.7 million – Projected number of people who will be 65 or older in the year 2050.
As of April 1, 2009, it was estimated there were 1.9 million Floridians in their 60s, 1.4 million Floridians in their 70s, and 1.0 million Floridians 80 or older.
More than one out of every eight baby boomers are simultaneously raising a child and providing some for of financial assistance to their parents, and nearly 10 million boomers over 50 are caring for an aging parent.